EMC Net Rises 1%,
Revenue Jumps

By

Charles Forelle

Updated April 21, 2006 12:01 a.m. ET

EMC Corp. said revenue rose 14% to $2.55 billion in the first quarter from a year earlier amid particularly strong sales of its high-end data-storage machines, in a continuing sign that storage remains a robust corner of corporate technology.

Net income edged up 1% to $272.5 million, or 11 cents a share, its growth curtailed by the addition of stock-option expense in the storage company's financial report under new accounting rules....